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Fortinet Stock: A 389% Ransomware Surge Is Building the Bull Case for FTNT in 2026

2026-05-06 20:21:49

Abstract generation in progress

Fortinet (FTNT) is positioned for growth due to a significant surge in ransomware attacks, which saw a 389% increase in victims in 2025. The company’s Unified SASE platform, designed to counter AI-powered threats, is expected to drive demand and spending. While the stock has underperformed, the TIKR model projects a 51% total return by 2030, anticipating sustained SASE billings growth.

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